Paramount Urges Warner Bros. Shareholders to Reject Netflix Deal, Extends Takeover Bid Offer
Jan. 22 (UPI) — Paramount Skydance extended the deadline for shareholders to accept its hostile bid to buy Warner Bros. Discovery.

Jan. 22 (UPI) — Paramount Skydance extended the deadline for shareholders to accept its hostile bid to buy Warner Bros. Discovery.

President Donald Trump has signaled some opposition to Netflix purchasing Warner Bros. Discovery, saying that CNN should be sold as part of the package deal.

Paramount took its battle for Warner Bros. Discovery directly to shareholders Monday, launching a $30-per-share all-cash tender offer for the entertainment giant just days after Warner agreed to a deal with Netflix.

Paramount Skydance will be cutting 1,600 more jobs just after 600 employees quit in order to avoid returning to work in the office.

A former Paramount executive reportedly filed a discrimination lawsuit against the entertainment company on Friday, claiming he was fired for thinking “old” and being white.

Nolte: Nothing gives me more hope that an actual cultural shift might be happening in Hollywood than the tone of this cover story from the far-left Variety.

Paramount will be cutting 1,000 jobs this Wednesday as part of the major shakeup under new CEO David Ellison.

CBS News journalists have expressed fear now that Bari Weiss, who resigned from the New York Times due to opposition from woke staffers, could be made editor-in-chief.

A pledge by more than 4,000 actors and filmmakers, including some Hollywood A-listers, to boycott the Israeli film industry was met Saturday with a very public denunciation by Paramount.

Paramount will merge with Skydance, closing out a decades long run by the Redstone family in Hollywood and injecting desperately needed cash into a legacy studio that has struggled to adapt to a shifting entertainment landscape.
